Common use of No Competitive Intellectual Property Clause in Contracts

No Competitive Intellectual Property. No director, officer, employee, consultant or other agent of the Company owns any rights in Intellectual Property that are directly or indirectly competitive with those owned or to be used by the Business or derived from or in connection with the conduct of the Business.

Appears in 2 contracts

Samples: Unit Purchase Agreement (Argyle Security, Inc.), Unit Purchase Agreement (Argyle Security, Inc.)

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No Competitive Intellectual Property. No director, officer, employee, consultant or other agent of the Company Seller owns any rights in Intellectual Property that are directly or indirectly competitive with those owned or to be used by the Business or derived from or in connection with the conduct of the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Argyle Security, Inc.)

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No Competitive Intellectual Property. No Except as specifically described in Schedule 3.11(g), no Shareholder, director, officer, employee, consultant or other agent of the Company Seller owns any rights in Intellectual Property that are directly or indirectly competitive with those owned or to be used by the Business Seller or derived from or in connection with the conduct of the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Precision Optics Corporation, Inc.)

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